Be Aware of Downside Risk in Soybeans, South American Crop

April 13, 2017 09:03 AM

During Wednesday’s trade at CME, soybeans saw some strength. However, Chip Nellinger, risk management consultant and futures market specialist at Blue Reef Agri-Marketing, says there is downside risk to soybeans, especially on old crop.

Nellinger discusses the funds building up a short position and his stance on the Brazilian soybean crop on AgDay above.

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